bank of greece

In Europe 7th October 2024

Financial Stability Fund sells 10% of National Bank of Greece for €690m, Greece’s second largest bank by capitalisation (€7.012bn)

Bankinter: The Financial Stability Fund (HFSF) is selling 10.0% of NBG’s capital for €690m, equivalent to a price of €7.55/share. The 8.4% that the HFSF still holds in the bank will be transferred to the Greek sovereign wealth fund. Analysis team’s view: This is good news because it confirms investor interest in the sector, especially for the entities listed at the most attractive valuation multiples. For reference, NGB trades at…

World economy 6th August 2014

Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows

ATHENS | Via Macropolis | A study published in the latest Bank of Greece (BoG) economic bulletin highlighted the deterioration in Greek households’ living and income conditions during the years of crisis (2008-2012).

In Europe 3rd February 2014

Greece: It’s not the distance; it’s the load you carry

ATHENS | By Yiannis Mouzakis via Macropolis| It is beyond any doubt that what Greece has achieved fiscally over the last few years is phenomenal. A primary deficit that at the end of 2009 stood at 24.2 billion euros has been wiped out within just four years and has been turned into a small primary surplus, irrespective of any objections one might have about its size and how it was achieved.